At the top end of that range, the initial public offering would raise just over $10 billion and value the ride-hailing company at $84 billion based on nearly 1.7 billion outstanding shares.
Uber said that PayPal (PYPL) had separately agreed to purchase $500 million of common stock in a private placement equal to the IPO price.
The company will list under the ticker symbol "UBER."
This is a developing story.
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